The directors of each constituent company must approve a written plan of merger or consolidation.

各成员公司的董事均必须同意通过一项合并或整合的书面计划。

youdao

Article 75 Rights and obligations of a company ceasing to exist after consolidation or merger shall be assumed by the surviving or new company.

第75条因合并而消灭之公司，其权利义务，应由合并后存续或另立之公司承受。

youdao

A consolidation or merger, as of several corporations.

这两家公司在考虑合并的可能性。

youdao

For example, liability is triggered if the deal amounts to a merger or consolidation, usually evidenced by a purchase of the stock.

FORBES: An Affair to Remember

At a hastily convened press conference on August 20th, the three bank bosses studiously avoided the word gappei, or merger, preferring the vaguer togo, or consolidation.

ECONOMIST: Snail-paced consolidation

The status quo (little consolidation) helps to prevent social instability that could result from closure or merger of less efficient players.

FORBES: China's Merger Fever?